XTX Topco Ltd Takes $268,000 Position in SkyWater Technology, Inc. $SKYT

XTX Topco Ltd purchased a new position in SkyWater Technology, Inc. (NASDAQ:SKYT) during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund purchased 27,274 shares of the company’s stock, valued at approximately $268,000.

Several other institutional investors also recently added to or reduced their stakes in SKYT. American Century Companies Inc. purchased a new stake in SkyWater Technology during the second quarter valued at about $377,000. Rhumbline Advisers raised its position in shares of SkyWater Technology by 27.4% in the second quarter. Rhumbline Advisers now owns 47,643 shares of the company’s stock valued at $469,000 after purchasing an additional 10,246 shares during the period. Creative Planning lifted its stake in shares of SkyWater Technology by 69.7% during the 2nd quarter. Creative Planning now owns 34,283 shares of the company’s stock valued at $337,000 after buying an additional 14,085 shares in the last quarter. Pekin Hardy Strauss Inc. bought a new position in SkyWater Technology in the 2nd quarter worth approximately $276,000. Finally, Emerald Mutual Fund Advisers Trust grew its stake in SkyWater Technology by 18.6% in the 2nd quarter. Emerald Mutual Fund Advisers Trust now owns 714,144 shares of the company’s stock valued at $7,027,000 after buying an additional 111,847 shares in the last quarter. Institutional investors own 70.00% of the company’s stock.

SkyWater Technology Trading Up 5.5%

Shares of SkyWater Technology stock opened at $18.97 on Tuesday. The company has a debt-to-equity ratio of 0.17, a current ratio of 0.67 and a quick ratio of 0.61. SkyWater Technology, Inc. has a 1 year low of $5.67 and a 1 year high of $24.23. The firm has a market cap of $920.23 million, a PE ratio of 7.35 and a beta of 3.51. The company has a 50 day simple moving average of $17.24 and a two-hundred day simple moving average of $13.04.

SkyWater Technology (NASDAQ:SKYT) last posted its quarterly earnings data on Wednesday, November 5th. The company reported $0.24 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($0.17) by $0.41. SkyWater Technology had a net margin of 36.36% and a negative return on equity of 4.96%. The company had revenue of $150.74 million during the quarter, compared to the consensus estimate of $135.50 million. SkyWater Technology has set its Q4 2025 guidance at -0.080-0.040 EPS. Analysts expect that SkyWater Technology, Inc. will post -0.22 earnings per share for the current fiscal year.

Insiders Place Their Bets

In related news, CFO Steve Manko sold 50,000 shares of the firm’s stock in a transaction dated Friday, November 14th. The stock was sold at an average price of $17.40, for a total transaction of $870,000.00. Following the transaction, the chief financial officer directly owned 277,122 shares of the company’s stock, valued at approximately $4,821,922.80. This trade represents a 15.28% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this link. Also, CEO Thomas Sonderman sold 5,210 shares of the business’s stock in a transaction that occurred on Friday, November 21st. The stock was sold at an average price of $13.38, for a total value of $69,709.80. Following the completion of the sale, the chief executive officer owned 521,757 shares of the company’s stock, valued at $6,981,108.66. The trade was a 0.99% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold a total of 1,159,617 shares of company stock valued at $15,720,631 over the last 90 days. Insiders own 37.85% of the company’s stock.

Analysts Set New Price Targets

A number of equities research analysts have issued reports on the stock. Piper Sandler boosted their target price on shares of SkyWater Technology from $12.00 to $17.00 and gave the company an “overweight” rating in a report on Thursday, November 6th. Needham & Company LLC boosted their price objective on SkyWater Technology from $15.00 to $20.00 and gave the company a “buy” rating in a research note on Thursday, November 6th. Wall Street Zen raised SkyWater Technology from a “sell” rating to a “hold” rating in a report on Friday, September 5th. Jefferies Financial Group upgraded SkyWater Technology to a “hold” rating in a research note on Tuesday, October 28th. Finally, Cowen reaffirmed a “buy” rating on shares of SkyWater Technology in a report on Thursday, November 6th. Five analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $21.50.

SkyWater Technology Company Profile

SkyWater Technology, Inc, together with its subsidiaries, operates as a pure-play technology foundry that engages in the provision of semiconductor development, manufacturing, and packaging services in the United States. The company offers engineering and process development support services to co-create technologies with customers; and semiconductor manufacturing services for various silicon-based analog and mixed-signal, micro-electromechanical systems, and rad-hard integrated circuits.